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Problem related to purchasing the stock

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Question: Acme Corp.'s common shares are now priced at $22.50 per share. An investor who purchased the stock 12 months ago has received $0.32 per share in dividends. If she sells the stock today, she will realize a total return of 31.5 percent. At what price did she buy the stock 1 year ago? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131749841

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